We are not exactly breaking news in today’s screencast when we tell you about the rise of the Chinese economy. However rankings do matter when it comes to public perceptions. According to reports China is now the second largest economy in the world and has the third largest market capitalization. That is not say everything is perfect in China as it faces some problems that other large economies have faced.
Posts mentioned in the above screencast:
China is the world’s second largest economy. (NYTimes)
China continues to divest US Treasury securities. (Street Sweep)
China is now the world’s third largest equity market by market cap. (Bespoke)
Monthly chart of the FTSE/Xinhua China 25 Index. (Finviz)
China is an economic powerhouse, but it is not without its vulnerabilities. (Bloomberg)